US EditionMacKenzie Scott gives $70 million to UNCF to financially strengthen HBCUs
Scott's $70 million gift supports UNCF's pooled endowment to help 37 HBCUs overcome a 70% endowment gap compared to non-HBCUs, part of a $1 billion fundraising goal.
- Billionaire philanthropist MacKenzie Scott donated $70 million to UNCF, the largest private provider of scholarships to minority students.
- The donation aims to establish a $370 million pooled endowment fund for 37 historically Black colleges and universities .
- The broader $1 billion fundraising effort by UNCF attempts to address the funding disparity faced by HBCUs compared to other colleges and universities.
104 Articles
104 Articles
MacKenzie Scott is making another huge donation with no strings attached—this time it’s $70 million to historically Black colleges and universities
MacKenzie Scott, one of the world’s most prominent philanthropists, has just donated $70 million to UNCF, the nation’s largest private provider of scholarships to Black students. The donation by Scott, whose net worth is currently valued to be around $34 billion, is set to reshape the financial future of 37 historically HBCUs (historically Black colleges and universities), as part of a $1 billion campaign. The program, launched in 2o21, aims to …
MacKenzie Scott’s latest donation will give HBCUs a $70 million boost
Billionaire philanthropist MacKenzie Scott has donated $70 million to the UNCF, as the nation’s largest private provider of scholarships to minority students works to raise $1 billion to strengthen all 37 of its historically Black colleges and universities.
Associated Press News
MacKenzie Scott gives $70 million to UNCF to financially strengthen HBCUs
Billionaire philanthropist MacKenzie Scott has donated $70 million to the UNCF, the largest private provider of scholarships to Black students.
MacKenzie Scott Donates $70 Million to UNCF for HBCU Support
MacKenzie Scott just cut a $70 million check to the United Negro College Fund (UNCF), giving a major financial boost to 37 historically Black colleges and universities across the country. UNCF President Dr. Michael L. Lomax called the donation a “once-in-a-generation opportunity” to build lasting support for HBCUs. The funds will fuel a $370 million endowment initiative aiming to give each member school a $10 million boost. That money will be in…
BLK ALERTS - Jeff Bezos Ex-Wife, MacKenzie Scott, Donates $70M To UNCF For HBCU Funding
Source: Dia Dipasupil / Getty Jeff Bezos’ ex-wife, MacKenzie Scott, is out here doing all the good work her former hubby never did by taking a nice slice of her fortune and donating it to the cause of strengthening the foundation of our nation’s historically Black colleges and universities. According to CNN, Scott has donated $70 million to the United Negro College Fund (UNCF), America’s largest private provider of scholarships to minority stude…
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